Don’t worry Justin Trudeau and the Liberals will probably NOT be raising your taxes.
Dear people who think they’re a part of the 1% and are going to “suffer” from the proposed new tax regime that the Liberals talked about during their campaigning, you probably don’t need to worry as much as you think!
First of all let me say, I saw an unbelievable amount of “end of days” comments after the election. Everything from terrorists are now going to invade us to how much more in taxes Albertans are going to be paying. I can’t really dispute the terrorism thing with cold hard facts, other than nothing has happened so far! Now with us heading into winter I think we’re probably safe until Spring 2016. On the other hand, the tax issue I can definitely shed some light on.
2015 Q3 update!
Hello everyone! I’m back after an almost 2 month hiatus with my 2015 Q3 update. First let’s recap what has happened in the last three months cause I’m sure some of you were wondering where I disappeared to!
I managed to keep my Monday and Thrusday posting schedule for about a month, then it dwindled and I ended up stopping posting all together. The last half of August was insane at work, lots of people on vacation so I ended up working 11 days straight of 12-13 hour days. Add a one hour commute on either end of that and it REALLY didn’t leave much time for anything other than eating and sleeping.
After that ridiculous 11 days of work I hopped on a plane for my old stomping grounds of Halifax, NS. I ended up spending the long weekend there for my good friend’s bachelor party and then spent the following Monday and Tuesday catching up with some friends I haven’t seen in 4-5 years. It was a pretty awesome time. I got to spend some time at the Boardroom which was a very nice spot, great place to sample some new board games and surprisingly good food too. It wasn’t all play though, I did end up with a business meeting to get some more information about some business in Halifax I am looking into. I unfortunately can’t divulge much information on it at the moment, but it’s exciting for me nonetheless!
Alright now on to the finances!
As many of you probably know the last 3 months were less than stellar in almost all markets. The S&P 500, which is an index of the top 500 companies trading on the New York Stock Exchange (NYSE) drop 6.94%. Not good, we don’t like drops at all, unless we just came into a pile of money and were planning on investing. This was the same for almost all other major indexes or markets, the Dow Jones dropped 7.98%, the TSX dropped 8.17% and almost all other markets. (I say almost all, but haven’t thoroughly checked everyone so maybe a couple had a good quarter! )
So with that heartwarming and optimistic intro how bad did I do? Actually not as bad as I thought…